Power to relax enforcement allows regulatory relief for procedural or disclosure requirements in securities market, safeguarding investors. Power to relax enforcement under Regulation 30 permits the regulatory authority to relax strict compliance with any requirement of the Regulations where the requirement is procedural or technical, causes undue hardship to investors, the disclosure is irrelevant for a particular industry or class of issuers, non-compliance arose from factors beyond the issuer's control, or such relaxation would be in the interest of the securities market.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Power to relax enforcement allows regulatory relief for procedural or disclosure requirements in securities market, safeguarding investors.
Power to relax enforcement under Regulation 30 permits the regulatory authority to relax strict compliance with any requirement of the Regulations where the requirement is procedural or technical, causes undue hardship to investors, the disclosure is irrelevant for a particular industry or class of issuers, non-compliance arose from factors beyond the issuer's control, or such relaxation would be in the interest of the securities market.
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